§47B-2-1. Partnership as Entity
A partnership is an entity distinct from its partners.
§47B-2-2. Formation of Partnership
(a) Except as otherwise provided in subsection (b) of this section, the association of two or more persons to carry on as coowners a business for profit forms a partnership, whether or not the persons intend to form a partnership. (b) An association formed under a statute other than this chapter, a predecessor statute, or […]
§47B-2-3. Partnership Property
Property acquired by a partnership is property of the partnership and not of the partners individually.
§47B-2-4. When Property Is Partnership Property
(a) Property is partnership property if acquired in the name of: (1) The partnership; or